Competitiveness Quotes - page 4
Just because a state is not liberal, it can still be a democracy. And in fact we also had to and did state that societies that are built on the state organisation principle of liberal democracy will probably be incapable of maintaining their global competitiveness in the upcoming decades and will instead probably be scaled down unless they are capable of changing themselves significantly.
Viktor Orbán
There is a danger that we legislate to feel good, not to do good. Nowhere is this truer than in social legislation. The warm glow comes quickly after passing a piece of law which is designed to raise standards for those in jobs; the chill of lost jobs because of lost competitiveness is felt more slowly. ... We should make our labour markets more flexible and job-friendly, and secure greater skill levels and cost control. That means not introducing new limitations on the labour market.
Douglas Hurd
The central problem of our economy for more than a generation has been that, although our productivity has grown more slowly than that of our competitors, we have seen annual wage increases of the same order as theirs. So our inflation has risen faster than in other countries and we have been able to maintain price competitiveness and full employment only by a series of devaluations which have further added to inflation and increased the pressure for excessive wage increases. In the era of North Sea oil it will be more difficult to devalue our currency to maintain price competitiveness. So unless we can keep wage increases close to the level of productivity increase we shall face rising unemployment and a further erosion of our industrial base.
Denis Healey
